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Apr 17, 2013
04/13
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apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if that happens, we put that a lower probability we would expect the stock to be range-bound at best. our advice if you can't weather through the end of the year you probably want to stay on the sidelines. >> wow! so i guess the answer to the other question, if i bought below $400, i should get out now and count my blessings, right? >> basically. we've been writing about this for the last few months and taking a lot of heat from a lot of media and other sectors and the reality is that it is always difficult. we were one of the biggest bulls for ten years on apple. david
apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if...
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Apr 18, 2013
04/13
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CNBC
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and now there is apple. the stock below that key $400. >> america's most favorite stock continues to get sliced, lowering their price target on the stock. it will likely outgrow apple this year. let's get you caught up on where it stands. its lowest level in a . backyou. >> let's take a look at morgan stanley. it has been losing ground as well. right now it is trading at or near its lows of the trading session, down 3 and 3.75%. the investment banks saying that revenues fell 40% in the first quarter. a much sharper decline than goldman sachs or jp morgan simon? >> let's have a look at shares, the revenue overall. >> united health care is in negative territory. medical costs, upsetting enrollment fuelled revenue gains. they expect budget cuts to pressure performance. >> tiler is on vacation. let's take a look at the gun stocks. they have been moving higher. all failed to get the 60 votes needed. president obama reacted with disdain over the vote. >> this was a pretty shameful day for washington. but this effo
and now there is apple. the stock below that key $400. >> america's most favorite stock continues to get sliced, lowering their price target on the stock. it will likely outgrow apple this year. let's get you caught up on where it stands. its lowest level in a . backyou. >> let's take a look at morgan stanley. it has been losing ground as well. right now it is trading at or near its lows of the trading session, down 3 and 3.75%. the investment banks saying that revenues fell 40% in...
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Apr 23, 2013
04/13
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CNBC
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especially with apple. if it doesn't go down, i'll eat my shoe, maybe here live. >> thank you so much for watching, see you
especially with apple. if it doesn't go down, i'll eat my shoe, maybe here live. >> thank you so much for watching, see you
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Apr 24, 2013
04/13
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CNBC
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apple's earnings failing to interest the street sales. it turns out to be about 125 million shares, which is about 12, 15% of the float. if we lead net income and have that smaller shareholder base and we leave the pe multiple flat, that gets the fair value right there at 477, versus where the stock is. >> right. we're assuming no products necessarily. >> no new products. but they do continue to sell their current products. and no gross margin. still out of favor. the name. so to me, i like that capital allocation plan a lot. >> if they sell 25, 26 million iphones in the next quarter, do you still feel the same way? >> 25 or 26? that depends. did they not sell them. i think we'll see improvement in the ipad margins. i don't know about the mac and we may see iphone margins compressed. but i do think that, you know, eventually they will come out with something new. >> they are also supposed to be releasing the s 4 but they be short. samsung is still growing. these guys also have a huge semi conductor business. people talk about apple and it
apple's earnings failing to interest the street sales. it turns out to be about 125 million shares, which is about 12, 15% of the float. if we lead net income and have that smaller shareholder base and we leave the pe multiple flat, that gets the fair value right there at 477, versus where the stock is. >> right. we're assuming no products necessarily. >> no new products. but they do continue to sell their current products. and no gross margin. still out of favor. the name. so to...
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Apr 18, 2013
04/13
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CNBC
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apple's getting cored. $400 in the rear-view mirror. where can the apple bulls find bottom? we'll trade the fallout in what was america's most loved stock. >>> chipotle, is it overcooked? two traders will debate it ahead of the earnings out tonight. >>> first, the top story, google ibm and microsoft, a tech trifecta, perhaps the entire earning season lies with these three companies tonight are. they going to deliver? our traders, stephanie, mike, john, jerry and josh are here to debate. first, john has a preview. >> no pressure. there are a few things making me skiddish about this afternoon's report. particularly on the revenue side, we'll take microsoft first. the overall pc market took a dive down 14% in the first quarter. that won't help microsoft revenue. investors need the business division and server and tools division to have solid performances, but intel said data business rose 7.5%, less than some hoped. and oracle missed their revenue, it is worth questioning whether business spending is actually holding up. google analysts expect the core business revenues to hold
apple's getting cored. $400 in the rear-view mirror. where can the apple bulls find bottom? we'll trade the fallout in what was america's most loved stock. >>> chipotle, is it overcooked? two traders will debate it ahead of the earnings out tonight. >>> first, the top story, google ibm and microsoft, a tech trifecta, perhaps the entire earning season lies with these three companies tonight are. they going to deliver? our traders, stephanie, mike, john, jerry and josh are here...
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Apr 16, 2013
04/13
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CNBC
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they do say they are working with apple to bring a full version of home to apple devices. so more work for facebook in the mobile space, but they are clearly pushing to make home available to many more people. michelle, back over to you. >> can i boil this down simply, if i have this phone with this particular software, i can do the equivalent of facetime, that's the idea? >> well, no. there's a new system called facebook home. if you have a certain android phones, htc phones or samsung phones down the line, you can download facebook home. a new type of app integrated into android software to take over the home page of your phone. when you open your phone and see all your apps, you see their friends and photos. one of the main features of home is called chatheads. basically it will allow you to chat with your friends and a little picture of their head pops up and you can chat with them, but not just in one chat app, but you can basically chat with your friends on facebook. go to buy some movie tickets and continue chatting with your friends. it will allow the chat experien
they do say they are working with apple to bring a full version of home to apple devices. so more work for facebook in the mobile space, but they are clearly pushing to make home available to many more people. michelle, back over to you. >> can i boil this down simply, if i have this phone with this particular software, i can do the equivalent of facetime, that's the idea? >> well, no. there's a new system called facebook home. if you have a certain android phones, htc phones or...
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Apr 18, 2013
04/13
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and apple, down again below 400 bucks. earnings next week, but apple down nearly 3% right now at 391 bucks. guys, back to you. >> lowest since december of '11. thanks, josh. see you later. ubs chairman axel vaber says he thinks investors are in a state of uncertainty. maria bartiromo sat down with mr. vaber in this exclusive interview. >> dr. axel, good to have you on the program. thanks so much for joining us once again. >> a pleasure. >> are you seeing a change in terms of investor attitudes towards capital markets, towards equities in particular, given the fact that recently we've seen a little volatility in the market. are you seeing clients change their strategies? >> well, very clearly, clients at the moment are very uncertain. so i would say we're seeing it pretty much a hands-off period in the market again. january, february, was pretty good in that sense, that the market was actually still running well, but march was more difficult for everyone. so clients are, at the moment, still in a high degree of uncertainty.
and apple, down again below 400 bucks. earnings next week, but apple down nearly 3% right now at 391 bucks. guys, back to you. >> lowest since december of '11. thanks, josh. see you later. ubs chairman axel vaber says he thinks investors are in a state of uncertainty. maria bartiromo sat down with mr. vaber in this exclusive interview. >> dr. axel, good to have you on the program. thanks so much for joining us once again. >> a pleasure. >> are you seeing a change in...
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Apr 17, 2013
04/13
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talking about their outlook on apple, the platform. people's confidence. >> i see no wayning in the enthusiasm to develop for the platform. more than half of the start-ups that are products that are launching here are on the apple platform. >> one in particular said look, it's still the platform to go for. just because the stock is back to you. >> you also have to bear in mind that you have a lot of concern. the dollar is higher and tech stocks generally make 40% of their profits in europe. >> saying its margins for the fourth quarter will be weaker than expected. barclays cutting its stock to 28 bucks. including tech, broad come. so a tough day for tech. >> the dough now experiencing its third straight session. remember, monday down 265. yesterday up 150 and that's where we stand at the moment. >> i don't like what i'm seeing. here is what's the problem. we're in an up market. the stock market trend was to the upside. now we have two days. a monday and a wednesday. 90% of the volume to the downside. two separate days. this is one thin
talking about their outlook on apple, the platform. people's confidence. >> i see no wayning in the enthusiasm to develop for the platform. more than half of the start-ups that are products that are launching here are on the apple platform. >> one in particular said look, it's still the platform to go for. just because the stock is back to you. >> you also have to bear in mind that you have a lot of concern. the dollar is higher and tech stocks generally make 40% of their...
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Apr 18, 2013
04/13
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apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago, at $27. we understand it could have sold more. but they really do want this thing to pop. blackstone has an interest, of course, in selling additional shares at a high price and the follow on offering and they do have to liquidate their shares over time. >> the bottom line is that you don't recommend it. why do you think there's such a strong investor appetite for this one given the uncertainty in the economy? is it a dearth of similar offerings like this? >> yes, what we're hearing essentially, in this case, it's actually a retail
apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago,...
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Apr 18, 2013
04/13
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FBC
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i think people mistake on apple going to the apple store and thinking the only thing they're going to see in two years is the next generation of current devices. i think apple's playing its cards close to its chest. there's a lot of innovation going on that we don't see -- david: by the way, i am a stockholder as well, so i've got to push back. do you think that we need to change at the top? do you think tim cook is just tried, add his chance and like mr. johnson over at jcpenney, it's time for him to go? >> no. actually, i think he's dope a very good job -- he's done a very good job. he's replacing steve jobs, so i think it's too early to suggest that he's going to step down. david: boy, mr. contrarian, tom forte. good to talk to you, tom, thanks very much. >> thank you. my pleasure. liz: investigators continue their search for a suspect or maybe even two in this week's boston bombing. meanwhile, an arrest has been made in connection with those suspicious letters sent to capitol hill yesterday. we're louvre at the white house. david: also spring isn't going to just bring flowers. bar
i think people mistake on apple going to the apple store and thinking the only thing they're going to see in two years is the next generation of current devices. i think apple's playing its cards close to its chest. there's a lot of innovation going on that we don't see -- david: by the way, i am a stockholder as well, so i've got to push back. do you think that we need to change at the top? do you think tim cook is just tried, add his chance and like mr. johnson over at jcpenney, it's time for...
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Apr 24, 2013
04/13
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KOFY
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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Apr 18, 2013
04/13
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FBC
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let's talk apple first. what do you think about the dive in apple? >> you know i'm not surprised to see it because the problem with apple it has been way too quiet recently. we need to see innovation and need to see products in the market. htc and samsung releasing their major flagships now. samsung came out yesterday. seven major carriers in the united states. that is huge. galaxy s4 will sell like gangbusters. galaxy line has always been great. what will happen he will do? will it make an incremental upgrade with the apple iphone 5 s or the ipad? we need a big change. itv or i watch, we want to see something big. melissa: we talked about apple missing earnings because they were always the king of sandbagging, managing expectations. >> we saw it last quarter. melissa: so is that a real sign of the decline in the company, that they can't even stick to that strategy? >> yeah i do think so but tim cook did say i would be more in line and give more accurate estimate in the future so that doesn't happen as often as it does or at least last quarter. so i
let's talk apple first. what do you think about the dive in apple? >> you know i'm not surprised to see it because the problem with apple it has been way too quiet recently. we need to see innovation and need to see products in the market. htc and samsung releasing their major flagships now. samsung came out yesterday. seven major carriers in the united states. that is huge. galaxy s4 will sell like gangbusters. galaxy line has always been great. what will happen he will do? will it make...
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Apr 22, 2013
04/13
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KICU
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i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a heartbeat. then it broke $400. on friday, the futures were up 5.5 points, apple was down $5.50 on the opening. every $1.10 apple moves is $1 billion in market cap. - traditionally apple rallies ahead of earnings. earnings are coming up on tuesday. what do you think? will we get a rally here? - i don't think we will get a rally. i like to look at the at-the-money straddles that are implying a $30 move in apple. that takes it down to that $370 level, or up to $430. i think they need to say something about the cash. show me a stock purc
i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a...
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Apr 24, 2013
04/13
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KGO
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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Apr 23, 2013
04/13
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KGO
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product keeping apple going. ceo tim cook told reporters he's very frustrated by the decline in his stock price. the secrecy could be one liability. speculation is rampant about what it's going to create next, an update or a game change nug product. because they don't want to buy something soon to be upgraded. it could create negative speculation. >> there is a lot of speculation about have they lost their edge? not able to bring new products to market anymore? >> consumers able to name other companies as innovateors. >> samsung right now, or google. >> google made a splash with its experimental glasses. and with self driving car. >> apple hardware is amazing but have you seen the google tab blet? it has a better screen. >> if that thinking spreads apple could be facing a challenge. >> are they still cape beable of bringing out something you didn't know you wanted then convincing millions of people to go buy it? >> apple announced raises by shareholders and apple sitting on a $145 billion in cash and short term i
product keeping apple going. ceo tim cook told reporters he's very frustrated by the decline in his stock price. the secrecy could be one liability. speculation is rampant about what it's going to create next, an update or a game change nug product. because they don't want to buy something soon to be upgraded. it could create negative speculation. >> there is a lot of speculation about have they lost their edge? not able to bring new products to market anymore? >> consumers able to...
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Apr 24, 2013
04/13
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KOFY
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> apple. >>reporter: however some consumer perception of apple may changing as it keeps nut product development highly secret. google has been very open about the about area in driving cars and google glasses giving out selectively to test. >> they seem to dip into everything and before you kind of think about apple but google kind of taking things to whole new level in terms of technology and they have kind of hit everything. >> i think google is definitely getting unjustifiably a lot of credit for being innovative. >>reporter: he tracks both company as mobile analyst for the research company and says google will drop idea as fast as it creates them you don't know what prom equity survive and which ones go away. they tend to pull the trigger on some products and some effort and some projects fairly quickly. >>reporter: ceo cook today said apple has amazing hardware coming out next year but didn't say anything about this year. >> owning apple product i do believe they are losing the edge becau
> apple. >>reporter: however some consumer perception of apple may changing as it keeps nut product development highly secret. google has been very open about the about area in driving cars and google glasses giving out selectively to test. >> they seem to dip into everything and before you kind of think about apple but google kind of taking things to whole new level in terms of technology and they have kind of hit everything. >> i think google is definitely getting...
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Apr 22, 2013
04/13
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KQED
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apple does not allow. they have some integration of facebook and they claim to have a good relationship but they would never allow a third party company to take over the front of the phone. >> rose: (laughs) >> we asked that. we asked the facebook people if they asked and they said "well, we hope to." and we're like "are they going to let you?" and they said "we hope to." and i said "they're not going to let you." >> so the official position of google is that this is all fine. we're open source. unofficial position inside i suspect is not as -- >> and mark will respond to that? >> people who love facebook will love this phone. >> can you tell me how all this is changing our lives? how are we different because of all this? >> i think shorter attention span. i think also more reliance on -- the technology is more personal. and it goes for tablet as well as the phones. you know yourself because you use these things that it's a different feeling than sitting somewhere and having that keyboard between you kara
apple does not allow. they have some integration of facebook and they claim to have a good relationship but they would never allow a third party company to take over the front of the phone. >> rose: (laughs) >> we asked that. we asked the facebook people if they asked and they said "well, we hope to." and we're like "are they going to let you?" and they said "we hope to." and i said "they're not going to let you." >> so the official...
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Apr 16, 2013
04/13
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WJLA
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facebook is in talks with apple over its droid-friendly software called home. the question is will be apple users able to use it? and chick-fil-a is getting healthy. more on that in the next hour. linda bell reporting. back to you. >> thank you. 4:39.65 degrees, >> big developments when it comes to immigration reform. we will have more on an agreement reached on the biggest ov >> tuesday morning, a mild start. >> not bad, jacqui jeras. will this a repeat of yesterday? >> there will be similarities. we will be a little drier today and with more sunshine. and a touch warmer. the morning is starting out much the same, 57 degrees. we might see patchy fog and mist in outlying areas. i think we will be fine in the district. looking at the satellite picture, low-level clouds. you can see areas at the eastern shore where it is trying to break apart. we will have a little bit more sunshine today, allowing us to warm up past 70 degrees. mostly cloudy and 60 degrees at 9:00, 68 by noon, and partly sunny and 72 degrees by 5:00. some unsettled weather later this week. but t
facebook is in talks with apple over its droid-friendly software called home. the question is will be apple users able to use it? and chick-fil-a is getting healthy. more on that in the next hour. linda bell reporting. back to you. >> thank you. 4:39.65 degrees, >> big developments when it comes to immigration reform. we will have more on an agreement reached on the biggest ov >> tuesday morning, a mild start. >> not bad, jacqui jeras. will this a repeat of yesterday?...
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Apr 18, 2013
04/13
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FBC
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so, just how big a deal is apple soup? well, it's down about 44%, of of its record close from november november 2012. today is almost half that. look at this. what a change we have seen there. the nasdaq, just 8 percent of the nasdaq. another closely watched name. j.c. penney, the total opposite situation. they may have reason to smile. a desperate need of cash. not a breaking story, but it could get the $500 million infusion in the form of a loan from wells fargo. that would apparently be back by the retailers' inventory and accounts receivable. let's focus on the markets as you mentioned, don't count down earnings. we have ibm on deck. right now the markets are reflecting the nonbelievers out there. doreen, what you believe that is? >> clearly we have a change in sentiment from the traders. plenty of people that are welcoming these downdrafts money back into the market. still pretty well liked. we still have a lot of corporate earnings taking place, so there is good news in months all of these. liz: i guess you can say t
so, just how big a deal is apple soup? well, it's down about 44%, of of its record close from november november 2012. today is almost half that. look at this. what a change we have seen there. the nasdaq, just 8 percent of the nasdaq. another closely watched name. j.c. penney, the total opposite situation. they may have reason to smile. a desperate need of cash. not a breaking story, but it could get the $500 million infusion in the form of a loan from wells fargo. that would apparently be back...
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Apr 18, 2013
04/13
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KRCB
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and you see a company like apple once, you know, the darling of the tech sector. now it's, you know, kind of a bren company, so to speak. what is it, shook, that defines what makes a winner in the technology space versus an also ran? >> absolutely. going back to the apple story, i think the company's meteoric stock rise from its mid-peak to $700 i think reflected disruptive in cycle both in terms of price and unit so the company came in and dominated the tablet market, came in and was creator of snificant value in t smartphone segment. and i think the company has been able to right that cycle, but now, of course, it's on the other side of that mountain, so to speak. so over $200 billion of market cap has been removed. and so the company is looking forward, our best position, as you pointed out, in this undergoing transformation of the technology value chain, our position at the nexus or the intersection of -- in a consumer or cloud, the information, the mobility and social media, so we think the three companies that should benefit longer term are google, amazon an
and you see a company like apple once, you know, the darling of the tech sector. now it's, you know, kind of a bren company, so to speak. what is it, shook, that defines what makes a winner in the technology space versus an also ran? >> absolutely. going back to the apple story, i think the company's meteoric stock rise from its mid-peak to $700 i think reflected disruptive in cycle both in terms of price and unit so the company came in and dominated the tablet market, came in and was...
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Apr 17, 2013
04/13
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CNBC
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talk apple with me for a couple seconds here. the people who are buying apple at these levels are basing it on dividend or new product. which of those or all of the above? >> all of the above. i think you have to ask yourself has the weak june quarter been factored in? you look at estimates. there's about 46 estimates for apple. ten have been dropped for the june quarter. there's probably still more work that needs to be done to reflect what will accurately happen. >> sew haven't seen the whites of the eyes of the bulls at this point. you need to see sort of that fear just come out there and be exposed by wall street before we can get around apple here. >> you know, look. the march quarter, they did preannounce. that's not likely to be a disaster. and we know june is likely to have weakness. the data points are coming out pointing to that. you are not likely to get much new product in that time frame. but you do have more product coming in the back half of the year. >> but there were margin products and they might have to do prom
talk apple with me for a couple seconds here. the people who are buying apple at these levels are basing it on dividend or new product. which of those or all of the above? >> all of the above. i think you have to ask yourself has the weak june quarter been factored in? you look at estimates. there's about 46 estimates for apple. ten have been dropped for the june quarter. there's probably still more work that needs to be done to reflect what will accurately happen. >> sew haven't...
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Apr 18, 2013
04/13
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FBC
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i am an apple fan boy. i am surprised by how well i am surviving. [ laughter ] stuart: aren't we all. thank you very much, indeed. very good stuff. we appreciate that. thank you. i want to go to the call. i have verizon with a brand new high. nicole: the shareholders are loving this one. the stock is up almost 4% at the moment. the dow is still to the downside. they did come out with their numbers. they beat the streets. that is good news for verizon. stuart: i see apple right at $400 a share. nicole: it was at 398 at one point today. stuart: it dropped below 400 comedy buys it to just get it above 400. nicole: one of the analysts this morning said it is just getting reiterated a buy rating. there are still people on wall street who love it. stuart: okay. 400. right at 400 as we speak. we are on that all day long. thank you very much, indeed. it is though gold price time. where are we this morning? we are up two dollars. 1385 is where we are. obamacare has a third world experience. obamacare but the train w
i am an apple fan boy. i am surprised by how well i am surviving. [ laughter ] stuart: aren't we all. thank you very much, indeed. very good stuff. we appreciate that. thank you. i want to go to the call. i have verizon with a brand new high. nicole: the shareholders are loving this one. the stock is up almost 4% at the moment. the dow is still to the downside. they did come out with their numbers. they beat the streets. that is good news for verizon. stuart: i see apple right at $400 a share....
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Apr 17, 2013
04/13
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CNBC
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the apple guy in front is telling me these apples are fresher than the apple quarter. >> the consensus numbers need to come down. i once joked that the new products out of apple are terrible and @jimcramer. people think i'm serious. i think apple is a good company, it's just not going to have a good quarter. okay? okay? shoot me! my fault! >> how about barclays about lulu. >> here's what i'm hearing about lulu. i am hearing that the recall actually generated a level of love for lulu, that the customers, instead of avoiding lulu because of the sheer problem no. they're going to lulu and barclays agrees. this stock has been -- look, this is where they recalled the stuff, carl. right here is where the pants didn't work. this is the pants recall! and it turns out they're pantsing the bears. the bears are pantsed. >> that's a good call. fairway hoping investors will go on a shopping spree today. if you don't know this chain, it's a grocery chain going public and largely centered in new york. get ready for day three in what has been a wild week for the markets. the opening bell in just four
the apple guy in front is telling me these apples are fresher than the apple quarter. >> the consensus numbers need to come down. i once joked that the new products out of apple are terrible and @jimcramer. people think i'm serious. i think apple is a good company, it's just not going to have a good quarter. okay? okay? shoot me! my fault! >> how about barclays about lulu. >> here's what i'm hearing about lulu. i am hearing that the recall actually generated a level of love...
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Apr 24, 2013
04/13
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KPIX
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apple did slightly better than expected. its stock is as you know down $300 from the record high it set back in september. nevertheless apple says it will distribute $100 billion to shareholders by the end of 2015. apple is also buying back $60 billion of its own stock. >>> time now 4:40. coming up, how thousands of people could be affected by a water emergency. plus -- >> i know the feeling. i know the anxiety. >> the governor talking to crime victims. what happened to him that proves no one is immune. >> and it's an extreme case of road rage. what made this driver go over the edge? ,, surveillance video... relead by >>> a serious case of road rage when you least expect it in an alley. check the surveillance video released by the beverly hills police department. the white bmw going after the cyclist in the alley. the driver hits the man, pins him up against a metal trash bin. the cyclist was injured and should be okay. an earlier fight between the men sparked the incident. in beverly hills. crazy. >> that is not good. >>> a
apple did slightly better than expected. its stock is as you know down $300 from the record high it set back in september. nevertheless apple says it will distribute $100 billion to shareholders by the end of 2015. apple is also buying back $60 billion of its own stock. >>> time now 4:40. coming up, how thousands of people could be affected by a water emergency. plus -- >> i know the feeling. i know the anxiety. >> the governor talking to crime victims. what happened to him...
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626
Apr 19, 2013
04/13
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FBC
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>> when everyone gets excited in china, apple and galaxy phones are selling real well which they are. that is very small part of the growth going on within smartphones within china. most of the smartphone growth is coming, players like cool pad, lenovo, and phones cost 50 to 60 u.s. dollars. spreadtrum provides phones for largely for china mobile network. we see 20% growth. trades five times earnings. liz: by the way we'll put the names up on facebook.com/afterthebell page. let's get your next pick. this is sort of a social e-commerce or social media play where host data centers are able to absorb all that is happening in the social networking world. >> yeah. it's really a derivative play on internet services in china. besides e-commerce we're seeing a huge, be huge pickup in terms of social networking sites as well as online video. online video in china is set to replace traditional tv. traditional tv in china run by the government. online tv is more in terms of that. 21 vianet is kind of like where we have here the internet companies are looking to 21 vianet to host share servers. m
>> when everyone gets excited in china, apple and galaxy phones are selling real well which they are. that is very small part of the growth going on within smartphones within china. most of the smartphone growth is coming, players like cool pad, lenovo, and phones cost 50 to 60 u.s. dollars. spreadtrum provides phones for largely for china mobile network. we see 20% growth. trades five times earnings. liz: by the way we'll put the names up on facebook.com/afterthebell page. let's get your...
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Apr 22, 2013
04/13
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. >> is facebook developing a phone device, like apple did iphone? >> no. we're working on building software that can be used on all phones. >> their latest product is messages, which combines email, cell phone texting, and instant messages into one. they call it the ultimate switchboard. so do you think email will become obsolete? no. >> i'm not sure. but what we've found is that more people are using messages-- are moving away from email. and so if we build a really compelling experience, i think people are going to switch over. but i'm not going to call the end of anything. >> was this directed at gmail? >> no. >> google's email? >> no. >> because everybody's talking about a gmail killer. >> it's certainly what everyone's writing about. >> google... >> yes. >> facebook and google. >> yes. >> are they on a collision course? >> they are indeed. >> the fight's over what? it's over how-- >> search. how people find, discovery, search. >> say you want to buy a car. you can type "prius" on google and get publicly available information. or you can type "prius" o
. >> is facebook developing a phone device, like apple did iphone? >> no. we're working on building software that can be used on all phones. >> their latest product is messages, which combines email, cell phone texting, and instant messages into one. they call it the ultimate switchboard. so do you think email will become obsolete? no. >> i'm not sure. but what we've found is that more people are using messages-- are moving away from email. and so if we build a really...
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Apr 18, 2013
04/13
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now apple tv? i think they will come out with a tv product because that is something that tim cook said. they've got an intense interest in that area. but i think that's probably coming in the summer period at some point. i think we're going to have to wait a while for a low-end phone. so i look at all of that and in the near term, the biggest excitement quite honestly is hopefully they move the dividend up when they report the quarter. better cash return. but that's kind of what i'm looking for. if they don't do that, the stock could go quite a bit lower and there is some talk that maybe they don't do the dividend when they report the quarter. >> we'll see. or repurchase. when you say "quite a bit lower," dan, what's low enough? here you compare it to rimm and nokia is a little shocking. but ere's low enough given the prospects you're outlining? >> well, but here's the thing. right? why are you guessing as to what's low enough? until the fundamentals stop getting worse -- don't forget, this compan
now apple tv? i think they will come out with a tv product because that is something that tim cook said. they've got an intense interest in that area. but i think that's probably coming in the summer period at some point. i think we're going to have to wait a while for a low-end phone. so i look at all of that and in the near term, the biggest excitement quite honestly is hopefully they move the dividend up when they report the quarter. better cash return. but that's kind of what i'm looking...
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Apr 18, 2013
04/13
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of course, nasdaq and the s&p have apple in the index sighs, and apple's been down below $400 today. obviously, the tech people hot on apple are disappointed today. we continue to watch other information that we get such as the vix, the fear index, showing that we are seeing volatility with an up arrow, and plenty of names on the move on the heels of the earnings. back to you. cheryl: thank you very much. dennis: apple shares down since sent highs. what's the shareholder to do now? joining us, we've got scott kelser with s&p capital iq. thank you, scott. >> thanks, dennis. dennis: i imagine you, just like the rest of the world on wall street, probably still has a buy on apple? >> actually, i have a strong buy recommendation on apple, yeah. dennis: how long have you had a strong buy? when did you put that on it? >> we went to strong buy in november. that was not a good call, but we had a buy recommendation the better part of four years. dennis: apple trading below $4 # 00 for the first time since december 201 # 1, and, yet, you have a price target of dlrks 600 -- 600 bucks, why the fa
of course, nasdaq and the s&p have apple in the index sighs, and apple's been down below $400 today. obviously, the tech people hot on apple are disappointed today. we continue to watch other information that we get such as the vix, the fear index, showing that we are seeing volatility with an up arrow, and plenty of names on the move on the heels of the earnings. back to you. cheryl: thank you very much. dennis: apple shares down since sent highs. what's the shareholder to do now? joining...
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Apr 22, 2013
04/13
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KNTV
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apple falling 9% last week as investors worried about softer demands for the iphone and the ipad. ibm lost 8% on friday. the biggest in eight years after disappointing earnings. >>> we will get status on existing home sales and earnings. the dow closed 14,457. while the nasdaq rose 39 points to 3,206. the u.s. government may be tightening its belt. it is having a minimal impact on businesses. the survey wants to know 80%, they lower government spending. higher taxes hasn't hurt their sales. profits are higher. this isn't translating into new jobs. only 22% of the companies say they have added workers in the past three months. back to you. >>> we are checking in with rob mayeda in for christina. bringing good weather with you. >> celebrating earth day. focusing on the sun. >> it is going to be warming up fast by lunchtime. i think what you'll find, around noon, temperatures in the mid to upper 80s. maybe some 90s on the map as early as 3:00 this afternoon. right now, 50s outside. you might be able to get away without worrying about a thick coat. temperatures will be warming quickly
apple falling 9% last week as investors worried about softer demands for the iphone and the ipad. ibm lost 8% on friday. the biggest in eight years after disappointing earnings. >>> we will get status on existing home sales and earnings. the dow closed 14,457. while the nasdaq rose 39 points to 3,206. the u.s. government may be tightening its belt. it is having a minimal impact on businesses. the survey wants to know 80%, they lower government spending. higher taxes hasn't hurt their...
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Apr 24, 2013
04/13
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FBC
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growing at about a 30% clip for the past few quarters, qualcomm chip powering wireless devices for apple and microsoft and blackberry. this kind of an agnostic supplier to all of those, and that is letting this company really hum, adam. adam: i can quote shakespeare, earnings reports are stories told by idiots, signifying nothing. you know they manipulate numbers. dennis: thank you a lot. adam: take a look at other big companies reporting today. ford and boeing impressed investors with their earnings, something you might not have predicted if you are looking at these companies a few years ago. boeing delivered the first dreamliner in september of 2011 and despite all kind of problems with the jumbo jet, that stock is up 50%. and if you look at ford back in november of 2008 when the auto executives went to washington, d.c., but also down in their private jet looking for a bailout from taxpayers. might have thought they were done in, done for. but ford never asked for government money, and now that stock is up more than 630% since that day in november, 2008. it is all about the long-term.
growing at about a 30% clip for the past few quarters, qualcomm chip powering wireless devices for apple and microsoft and blackberry. this kind of an agnostic supplier to all of those, and that is letting this company really hum, adam. adam: i can quote shakespeare, earnings reports are stories told by idiots, signifying nothing. you know they manipulate numbers. dennis: thank you a lot. adam: take a look at other big companies reporting today. ford and boeing impressed investors with their...
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Apr 17, 2013
04/13
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FBC
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intel, apple, yahoo!. we're not going to forget about gold, that's going to be down a little today as well and oil down again and art laffer is staying with us. we'll be back in a moment. the opening bell coming up. are you still sleeping? just wanted to check and make sure that we we on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical
intel, apple, yahoo!. we're not going to forget about gold, that's going to be down a little today as well and oil down again and art laffer is staying with us. we'll be back in a moment. the opening bell coming up. are you still sleeping? just wanted to check and make sure that we we on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. trust your instincts to make the call. to treat my low testosterone, my...
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Apr 23, 2013
04/13
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FBC
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it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the street. back to you, dagen and connell. connell: it is amazing to see apple compared to some of these. thank you, elizabeth. we will have full coverage of this later on. cheryl and dennis in the next part of markets now. they will look at $400 a share and whether that is the new normal. dagen: paying for the president's budget. if you are making more than $200,000 a year, you will be picking up a bit part of the debt. connell: on a big day for the markets, the s&p winners. netflix. that is the big story. look at that. ♪ why are 8 million people why are 8 million people sleeping better tonight? they went to a sle
it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the street. back to you, dagen and connell. connell: it is...
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Apr 18, 2013
04/13
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is no longer the apple of investors eyes. >> investors worried there is not much ahead for apple. good investors buy based on the future success of the company and sell on the future failures. we can make a conclusion that many feel that although apple is a strong company, there is nothing ahead in the pipeline to justify that higher price. we do expect apple to up its dividend and still investors are not interested. apple dipped below 400 and recovered slightly to 402. investors take a clue from cirrus logic. they said orders had fallen. about 8 out of every 10 orders they get come from apple. so the thinking goes, apple is cutting orders. >>> google and microsoft report profits. google watches out for increasing costs, declining margins. a fed governor said he expects the american economy will continue to grow. therefore, time for the fed to stop its buying spree. many people think the easy money is the reason the stock market has done so well. this fellow, jeffrey lackert,. s music.twitter.com. twitter says it is about to launch a music discovery feature. look for an update her
is no longer the apple of investors eyes. >> investors worried there is not much ahead for apple. good investors buy based on the future success of the company and sell on the future failures. we can make a conclusion that many feel that although apple is a strong company, there is nothing ahead in the pipeline to justify that higher price. we do expect apple to up its dividend and still investors are not interested. apple dipped below 400 and recovered slightly to 402. investors take a...
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Apr 16, 2013
04/13
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WUSA
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it's free at the apple store. >>> d.c. remains on high alert following yesterday's terror bombings at the boston marathon but this city went ahead with today's emancipation day parade as planned. >> reporter: this is bruise bruce johnson in downtown washington. city on high alert, no incidents. it's a city holiday, time for family, food and a parade. one day after the boston marathon attack, d.c. residents and visitors turned out to commemorate emancipation day 1863. that's when president lincoln abolished slavery in d.c. talk of boston, thoughts of the explosion victims and a possible attack here were everywhere today. >> i know security is very good in washington, d.c., and the parade must go on and the celebration cannot stop. >> this is a city that is resilient. we are ready. it's very unfortunate, a tragic situation that happened in boston yesterday. >> reporter: the emancipation day activities continue through tonight, 8:45 this evening a fireworks display. this is bruce johnson reporting from downtown washington for
it's free at the apple store. >>> d.c. remains on high alert following yesterday's terror bombings at the boston marathon but this city went ahead with today's emancipation day parade as planned. >> reporter: this is bruise bruce johnson in downtown washington. city on high alert, no incidents. it's a city holiday, time for family, food and a parade. one day after the boston marathon attack, d.c. residents and visitors turned out to commemorate emancipation day 1863. that's when...
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Apr 18, 2013
04/13
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a dayt apple fell below $400, now at 31.66 on the nasdaq composite, and the s&p down ten-plus points at 1541, and we are just moments away from earnings from the big three, ibm, microsoft, and google. we have them all covered for you. david garrity from gba research. >> wow. >> yeah, we're back on "power lunch" days. >> is that an octabox. >> jon fortt, josh lipton. first, heather hughes and rob malcolm, along with greg ip "the economist." everybody's in the water, so we can just jump in. heather, what do you make from the markets this week? what's the message from this very volatile market in your view? >> well, the markets have picked up volatility. before last week, the vix volatility measure was at all-time lows, since 2007. that, of course, has increased, but it will be interesting when we get these earnings numbers coming out now. of course, corporate profits, that's key. it seems like it's coming from revenue minus costs, we're cutting cost sides of the equation, not necessarily revenue and topline growth. it so will be interesting to see what those numbers are as we get them.
a dayt apple fell below $400, now at 31.66 on the nasdaq composite, and the s&p down ten-plus points at 1541, and we are just moments away from earnings from the big three, ibm, microsoft, and google. we have them all covered for you. david garrity from gba research. >> wow. >> yeah, we're back on "power lunch" days. >> is that an octabox. >> jon fortt, josh lipton. first, heather hughes and rob malcolm, along with greg ip "the economist."...
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Apr 23, 2013
04/13
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we need to see -- you know -- apple's become those people in the apple ad, those weird apple ad at the super bowl and samsung's come along with this hammer and broke -- they're all apple executives and you need to see apple come up and say, you what? we have it. we have the holy grail which is a combination of this thing that you need and that thing you need. we'll focus the numbers and we'll focus on texas instruments. is it a numbers story? is apple just another stock and if it's another stock then maybe you should get a nine multiple and go higher, but i would like to see, look, if mcdonald's can come out with killer products, apple -- are they both technology companies? is that where we are right now? >> apple has come out with incredible products. amazing products that have changed the world. >> that was the old days and the yankees used to be -- >> the ipad is only three years old, man. come on, give them a break. >> no. the market won't give them a break. i like the product, but who am i? >> that's complicated. >> it was not a rhetorical -- you know, we're not trying to figure o
we need to see -- you know -- apple's become those people in the apple ad, those weird apple ad at the super bowl and samsung's come along with this hammer and broke -- they're all apple executives and you need to see apple come up and say, you what? we have it. we have the holy grail which is a combination of this thing that you need and that thing you need. we'll focus the numbers and we'll focus on texas instruments. is it a numbers story? is apple just another stock and if it's another...
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Apr 23, 2013
04/13
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KTVU
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but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you have to be 21 to buy drinks or go gambling. new york city council and mayoral candidate quinn wants to raise the minimum age for tobacco purchases from 18 to 21. texas recently tried the same thing but the proposed law failed. several states have an age limit of 18 to buy tobacco. >>> today president obama invited 100 students to take part in this year's white house science far, and that included jessica borral. she designed a device that fights eye muscle fatigue from staring too long at computers. >> i'm getting a patent on it. i'd love to manufacture them and give them out to all school
but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you...
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Apr 22, 2013
04/13
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FBC
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apple barely recovering, 3.94 this morning. stuart: we told you earlier you can expect some delays today because of sequester cuts affecting air traffic controllers delays about an hour in and out of newark airport. charlotte, north carolina, half-hour delays, sequesters being blamed. la guardia delayed on the porch of the two an hour. wind is blamed there as well as sequester. charles has an update on a disaster, take the disaster first. charles: one hour delay at newark is called monday. the disasters, you are right, your gut feeling is right on the ambulance chasers. they came up amazing numbers on friday, the stock was absolutely devastated you cannot even tell right now. it took a huge hit. stuart: have you abandoned us? >> i didn't want to take as much of a hit. stuart: how about the winter you want to attract? charles: i have done on the channel sometimes this year, we did at february 2 it fell, i would take that here, the pullback continued all the way back to $40. stuart: we hear you. you're an honest man. an unintende
apple barely recovering, 3.94 this morning. stuart: we told you earlier you can expect some delays today because of sequester cuts affecting air traffic controllers delays about an hour in and out of newark airport. charlotte, north carolina, half-hour delays, sequesters being blamed. la guardia delayed on the porch of the two an hour. wind is blamed there as well as sequester. charles has an update on a disaster, take the disaster first. charles: one hour delay at newark is called monday. the...
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Apr 23, 2013
04/13
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CNBC
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it's just -- people love their apple, they hate their apple and they have feelings about apple. >> i love that light saber sound effect. let's get to the economics calendar, thank you very much. here is today's calendar. and it is very housing focused. at 9:00 eastern, you get the fhfa house price index. an hour later, march new home sales. they're expected to rise by 0.7%. we'll watch the home builders like lenar, etcetera, on those. also at 10:00 eastern, is the richmond fed survey. becky talked about some stocks. we're hitting on dupont. let's check on the broader markets. oil down about 0.9%. 88.39. brent crude down a little more, down 1%. rbob gasoline, because, really, you don't care about gasolioil. you care about gasoline, right? >> it's come down significantly. >> yeah, it has, which is good because that may counteract the effects of the payroll tax high. what about gold? let's check the commodities like gold, the ten-year. down about 7%. 7 bucks to $1414. there's been a bit of a move in sort of the euro. we want to keep an eye on that. there's your currency chart here in th
it's just -- people love their apple, they hate their apple and they have feelings about apple. >> i love that light saber sound effect. let's get to the economics calendar, thank you very much. here is today's calendar. and it is very housing focused. at 9:00 eastern, you get the fhfa house price index. an hour later, march new home sales. they're expected to rise by 0.7%. we'll watch the home builders like lenar, etcetera, on those. also at 10:00 eastern, is the richmond fed survey....
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Apr 18, 2013
04/13
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don: is apple by? today apple is a buy? >> free cash flow north of 10%, 2.5% and you have to believe there is something more innovation from apple than we are seeing now. tracy: one would hope. let's talk about google. motorola mobility for revenue finally hitting the financial. who would have thought google would be a verbal. my kids don't know what an encyclopedia is. they google things when they do their homework. >> google had good fourth quarter, things are challenging the first quarter, put pressure on stock, one is they divested their stock business last quarter and you have a consensus no. that was a blank. some people included the numbers and some excluded it. that added 50 basis points with potential of growth last quarter and 130 basis points the motorola mobility is the biggest change in google's armour, 12 months in see how it works out. tracy: the glasses. >> the glasses are very cool. if you think of the rumors on the i watch, google oversaw it -- overshadowed apple on the 100 day after google and it is not t
don: is apple by? today apple is a buy? >> free cash flow north of 10%, 2.5% and you have to believe there is something more innovation from apple than we are seeing now. tracy: one would hope. let's talk about google. motorola mobility for revenue finally hitting the financial. who would have thought google would be a verbal. my kids don't know what an encyclopedia is. they google things when they do their homework. >> google had good fourth quarter, things are challenging the...
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Apr 18, 2013
04/13
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you have the trifecta there that we just talked about, apple going lower and a mix of companies that haven't really done that well. we've seen 72% of companies actually beating in terms of their earnings, but in the tech space i don't think the number has really been that strong, so our traders today say they were shorting the nasdaq, and our gentleman that was from morgan stanley, he was saying he was looking for the markets to actually increase long term over time with technology, but short term you could still see them move lower. >> brian, let's just wrap this up. released yesterday, forward operating earnings for the s&p 500, all right, a record high. $115 per share. >> yeah. >> that gives you 13.5 times multiple. that's well within the historical range of the last many, many decades. interest rates, as that commodity chart shows, just bouncing around in a range of the profits are beating expectations. i'm not into this revenue thing. i prefer to look at profits. >> right. >> so why can't -- so we'll correct and then we'll move on. >> we've done -- last year. we did it twice, th
you have the trifecta there that we just talked about, apple going lower and a mix of companies that haven't really done that well. we've seen 72% of companies actually beating in terms of their earnings, but in the tech space i don't think the number has really been that strong, so our traders today say they were shorting the nasdaq, and our gentleman that was from morgan stanley, he was saying he was looking for the markets to actually increase long term over time with technology, but short...
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Apr 23, 2013
04/13
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today apple won a court decision ruling that apple did not violate a patent owned by rival google when it made the iphone. a big deal for twitter today about big money. the san francisco company signing a multi year deal said to be worth hundreds of millions of dollars. today the senate voting to move a bill forward that if passed would require sales tax to be collected on certain internet purchases. >>> the first look at google glass. it's the latest way of taking internet with you. we will show you what it can do tonight at 6:45. it is in the hands and over the eyes of a few people in the bay area and it is already getting a lot of attention. >> looking forward to seeing that story. >>> in the south bay a scare for a lot of shoppers. there were voluntary evacuations at valley fair mall this morning after a construction crew hit a gas line. a contractor hit the service line around 8:00 this morning. the line was properly marked. the leak was stopped by about 9:30 a.m. >>> byob in most of san mateo county. shoppers will have to bring their own bags or get charged at the grocery store.
today apple won a court decision ruling that apple did not violate a patent owned by rival google when it made the iphone. a big deal for twitter today about big money. the san francisco company signing a multi year deal said to be worth hundreds of millions of dollars. today the senate voting to move a bill forward that if passed would require sales tax to be collected on certain internet purchases. >>> the first look at google glass. it's the latest way of taking internet with you....
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92
Apr 23, 2013
04/13
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KPIX
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apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a regular beetle but all the styling touches will be done with apple. look at the top of the dash and you see where the iphone docks in a cuss stop dashtop dock. this isn't just more music in a custom dashtop dock. in will allow additional gauges and displays. there is the apple logo in volkswagen script. so it's an interesting blend. that iphone on the dash will do like i said additional gauges and information will display there that aren't on the dash. it will let you do postcards so you can hit a button on there and send out to your friends on social media or
apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a...
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Apr 19, 2013
04/13
by
FBC
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way down for apple again. and then we have mcdonald's reporting a slight rise in profits and mcdonald's is down 2 bucks. below $100. and ge. a big name, profit as expected, ge is at $21 a share, and it's down 3%. and the dow is down 33. now then one suspects on the run, another one is dead. monica crowley is here, following terror and money, following a whole lot more for you after this. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ow old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing th
way down for apple again. and then we have mcdonald's reporting a slight rise in profits and mcdonald's is down 2 bucks. below $100. and ge. a big name, profit as expected, ge is at $21 a share, and it's down 3%. and the dow is down 33. now then one suspects on the run, another one is dead. monica crowley is here, following terror and money, following a whole lot more for you after this. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the...